HKG:9929

4 stories mentioning HKG:9929Updated 29d ago

Every FINWIRES story that references HKG:9929, newest first.

SEM Holdings Gets 200 Million Yuan Loan Facility from Affiliate

SEM Holdings (HKG:9929) agreed to obtain a 200 million yuan unsecured term loan facility from Hainan Hongyan Information Technology, according to a Wednesday filing.The facility has a term of six months starting Wednesday and carries no interest. It is renewable subject to negotiation.The electrical and mechanical engineering services company plans to use proceeds as general working capital.The lender is controlled by SEM Holdings' chairman.

HKG:9929

Asia94d ago

SEM Holdings Completes HK$44 Million Bond Sale

SEM Holdings (HKG:9929) said it completed the sale of HK$44 million in convertible bonds to Yao Capital , according to a Hong Kong bourse filing Friday.Shares of the electrical and mechanical engineering services firm fell over 7% in late morning trade Monday.The bonds have an initial conversion price of HK$0.11 per share.

HKG:9929

Asia106d ago

SEM Holdings Controlling Shareholder Sells 14% Stake in Business

SEM Holdings (HKG:9929) said its controlling shareholder Yao Capital sold a 14.1% stake in the business to three investors, according to a Hong Kong bourse filing Wednesday.Yao Capital disposed 178 million shares representing 8.9% of the electrical and mechanical engineering services firm to Joanneful Limited; 57.5 million shares representing 2.9% to Xieqing; and 46 million shares representing 2.3% to Liang Meifeng.All the shares were sold at HK$0.65 apiece.The sale reduced Yao Capital's ownership in the business from 66% to 51.9%.Yao Capital, which is controlled by SEM Holdings chairman Yao Shuobin, earlier sold a 9% stake in the business to HH RSV-MIM Holdings.

HKG:9929

Asia108d ago

SEM Holdings Controlling Shareholder Sells 9% Stake in Business

SEM Holdings (HKG:9929) said its controlling shareholder Yao Capital sold a 9% stake in the business to HH RSV-MIM Holdings, according to a Hong Kong bourse filing Friday.Shares of the electrical and mechanical engineering services fell over 10% in morning trade Monday.Yao Capital disposed 180 million shares of the firm for $13.2 million, reducing its stake from 75% to 66%, SEM said.

HKG:9929

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